Adtran boasts record revenue in Q2

Adtran announced record quarterly revenue during its second quarter.

Simultaneously, the company said it has begun lab trials of a new, higher bandwidth version of G.fast broadband technology with Deutsche Telekom (DT), and also that it has signed a new supplier contract with nbn in Australia.

For the quarter, sales were $184.7 million, up from the $162.7 million recorded in the second quarter of 2016. Net income was $12.4 million compared to $10.2 million in the like period a year ago. Earnings per share, assuming dilution, were $0.26 compared to $0.21 for the second quarter of 2016.

Adtran Chairman and CEO Tom Stanton said in a statement that the company’s record revenue “was driven by increasing momentum with our ultrabroadband solutions, where we saw significant year-over-year growth both in the U.S. and Europe.”

Separately, the company announced the start of lab testing with DT of a new variation of the G.fast standard that operates at 212 MHz and uses coordinated dynamic time allocation (cDTA). Working at 212 MHz effectively doubles the amount of usable spectrum, and cDTA improves upstream data rates by a factor of four or five, Adtran said. The combination makes it possible to deliver gigabit rates on a single strand of standard copper telephone wire, whereas in most DSL schemes, multiple wires are combined to achieve higher aggregate broadband rates. 

DT is evaluating the technology to support plans to offer fiber-to-the-building deployments, which would allow the company to use existing cable infrastructure within customers’ homes to offer gigabit broadband.

The deal with nbn is a follow-on contract, this one covering software, hardware and services, which includes commitments from both companies to support nbn’s ongoing nationwide network rollout of service in Australia.

The two previously completed a GPON network interoperability proof-of-concept program. In addition, Adtran IT specialists have been working in a collaborative, agile development process with nbn’s IT team to implement Adtran’s multivendor DPU management solution, utilizing an open microservices architecture, the vendor said.